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1. Presentation on 6 weeks summer training in Oswal Woolen mills Presented By:- Kabir Sandhu 94972238275
2. India Textile Industry India textile industry largely depends upon the textile manufacturing and export. India earns about 27% of its total foreign exchange through textile exports. Further, the textile industry of India also contributes nearly 14% of the total industrial production of the country. It also contributes around 3% to the GDP of the country.
3. India textile industry is also the largest in the country in terms of employment generation. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors. India textile industry currently generates employment to more than 35 million people. It is also estimated that, the industry will generate 12 million new jobs by the year 2010.
4. Various categories Indian textile industry can be divided into several segments, some of which can be listed as below: Cotton Textiles Silk Textiles Woolen Textiles Readymade Garments Hand-crafted Textiles Jute and Coir
5. Strengths Vast textile production capacity Large pool of skilled and cheap work force Entrepreneurial skills Efficient multi-fiber raw material manufacturing capacity Large domestic market Enormous export potential Very low import content Flexible textile manufacturing systems
6. Weaknesses Increased global competition in the post 2005 trade regime under WTO Imports of cheap textiles from other Asian neighbors Use of outdated manufacturing technology Poor supply chain management Huge unorganized and decentralized sector High production cost with respect to other Asian competitors
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8. It is manufacturing all type of blended worsted yarn, weaving yarn, lois, shawls etc.
9. The company is proud to have highly popular bounded products of knit wear MONTE CARLO and CANTERBURY.
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13. OWM were the proud recipient of the “best exhibited products” award from the international wool secretariat for two glamorous brands. Product portfolio: spinning, knitting, fabrics processing, hosiery garments, knitwear, sugar, infrastructure development and information technology. COTTON COUNTY is there emerging ready to wear brand.
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16. ISO 9002 received in 2001. NAHAR EXPORT LIMITED is the recipient of BEST EXPOTER for the year 2002-03. NIEL, GARMENT UNIT is the recipient of state level safety award. Exports to high quality conscious countries like USA, UK, Germany, Russia, Japan, Australia, New Zealand, Holland, and many more
17. OSWAL WOOLLEN MILLS LIMITED Constitution:- Public Ltd. Company Year Of Establishment:- 1949 Locations:- Registered office:- G.T. Road, Sherpur, Ludhiana. 141003 Punjab (India)
19. Management Structure & Departments List of Boards of Directors:- Mr. Jawahar Lal Oswal Chairman-cum-Managing Director Mr. Amarjeet Singh Director Mr. Dinesh Oswal Director Mr. Kamal Oswal Director Mr. Sandeep Jain Executive Director
21. Departments In Oswal Woollen Mills QUALITY CONTROL HUMAN RESOURCE DEPARTMENT FINANCE DEPARTMENT MARKETING DEPARTMENT
22. PRODUCT PORTFOLIO OF OWM Wool/ Acrylic Top Yarns:- Weaving wool Hand knitting yarns Hosiery yarns Textile Fabrics:- Blankets Scarf’s Gents Lohis Woolen Shirting (only for defence) Shwal Woolen Suiting
23. Hosiery Knitwear Products:- Lady Cardigans Pullovers Woolen Vests, Undergarments for Men Monte Carlo and Canterbury are popular brands of international quality are segments of OWM’s products.
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25. Many persons are working here for more than 50 yrs. This shows commitment of employees towards their org.
34. Objectives To study the export import procedure and documentation of Oswal woollen mills. To study the export competitiveness of textile and garment sector in Ludhiana market. To study the problems of textile exporters in Ludhiana.
35. Research Methodology Research methodology is a way to systematically solve the research problem. It may be understood as a science of studying how the research is done scientifically.
36. RESEARCH DESIGN:-“A research design is the arrangement of conditions for collection an analysis of data in a manner that aims to combine relevance to the research purpose with economy in procedure.” In this research project, the research design is descriptive in nature.
37. SOURCES OF DATA PRIMARY DATA: The primary data is collected by structured questionnaire administered by sitting with guide and discussing the problem. SECONDARY DATA: It includes material collected from newspapers and journals. Data collection instruments: E-mails Questionnaire Telephone calls
38. Universe:-All the organisations which are into the field of textile and clothing industry Population: -All the organisations who are in the field of textile and clothing industry in Ludhiana. Sampling technique:- : convenience sampling Size of sample:- 19
39. The Composition of Indian Textile Exports The Textiles exports basket consists of Ready-made garments, Cotton textiles, Textiles made from man-made fibre etc. The major export earner is ready-made garments followed by cotton textile and manmade fabrics in April-Oct 2008. All The textile items are growing impressively except Cotton Textiles, Silk, Ready Made Garments and Handicrafts.
56. Limitations Generally the respondents were busy in their works and were not interested in responding. Some respondents were not clear about their own facts findings. The respondents in the study may not represent the true characteristics of the target audience.
57. FINDINGS Exporters are the manufactures of textile and clothing industry. Most of the companies are in manufacturing business. Export sales in between 10-25% and rest of the produced material consumed in domestic market. Exporters face problem of exchange rate fluctuations in foreign market. Cost of production is increased due to increase in exports of textile and clothing. Range cost of production is increased due to increase in exports of textile and clothing. All respondents told that up to some extent price competitiveness is increased of textile products.
58. 4.3 Suggestions More designs and wider market penetration at cheaper rates through better quality products. Try to adopt new and modern design to sustain in market. Providing the technical knowledge for the staff.
59. CONTINUE…. • Competitive pricing to market requirements. Continuous Training of Workers to improve their attitudes and functional skills. Providing transportation, good work environment to employees. Improvement in technology, training.